A survey published by Careerbuilder.com we learn just how much bad hires cost companies in US and were able to draw some comparisons with the UK and Netherlands (much higher), the below infograhic throws up some good numbers.
Summarized in 4 bullets by our network a couple of years back ;o)
If good employees are leaving, it is bad.
If bad employees are leaving, it is good.
If good employees are replacing the bad employees who left, it is good.
If bad employees are replacing the good employees who left, it is bad.
Marc Coleman is director of the Pan European HR Network. You can connect with Marc on twitter @HRNEurope or connect directly via LinkedIn. To connect with like minded professionals, the latest news and views please visit our online groups: Pan European HR Network on LinkedIn or HR Tech Europe on LinkedIn